Reed Elsevier 2009 Financial Results

Reed Elsevier has announced its 2009 financial results.

Here's an excerpt from the press release:

Elsevier (44% of adjusted operating profits)

  • Revenue growth +4%, adjusted operating profit +9%, at constant currency
  • Strong growth in electronic clinical reference, clinical decision support and nursing and health professional education; continued weakness in pharma promotion
  • Solid science journal subscription renewals from 2008 supported 2009 revenue growth

Read more about it at "Robust Year for Reed Elsevier."

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Author: Charles W. Bailey, Jr.

Charles W. Bailey, Jr.